LONDON—Australian and New Zealand dollars slipped from highs hit overnight, and the dollar fell versus the yen on Thursday, in what analysts said was profit-taking following a strong rally. The U.S. dollar index was flat on the day at 1051 GMT, at 93.669. Versus the Japanese yen, the dollar was down 0.3 percent at 114. having slipped from 114.695 the pair reached on Wednesday, which was the yen’s weakest in four years. The yen, which had been weakening against major peers since late September, also reversed its recent losses versus the Australian dollar on Thursday. The Australian dollar hit its strongest versus the yen since 2018 overnight, before retreating. There was no clear trigger for the reversal, but Jeremy Stretch, head of G10 FX strategy at CIBC said that weakness in Asian equities and a pullback in risk appetite may have played a role. “We’ve seen a significant run in …